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Showing posts from December, 2021

Crypto vs Other Assets. Which is Better?

  Money-making is an art. and, as an artist, you need to find the perfect skill to create wealth.  As an  investor in 2021, your first step towards putting money in a specific financial instrument should be driven by research. Investment Assets in 2021: How to Pick the Perfect Asset Class Every financial investment has a simple objective. That is, to make money. How the instrument goes about achieving this objective is an entirely subjective attribute!  Other asset classes in India include commodities, properties, cash, and bonds. By now, you must be aware of how asset classes are defined, and at this point, it is appropriate to address the elephant in the room, i.e., the cryptocurrency. Is Crypto a Reliable Investment Asset? Most certainly, as the crypto-space is loaded with possibilities when investment opportunities are concerned! While the high volatility makes it a   questionable for short-term trading.                                        Different Investment Assets

Why Cryptocurrencies are so volatile?

If you’re in the cryptocurrency industry or are looking to invest in the market, one of the  advice you’ll receive is – “ the market is highly volatile .” That’s because, Bitcoin, or other cryptocurrencies , embodies the term “roller coaster ride,” with its wild fluctuations. It has faced stupendous lows and spectacular highs over the course of a short term. why is crypto so volatile?  What are the factors that govern its prices, and will it ever reach a point of stability? Contents Cryptocurrency Volatility – What Triggers The Same? Bitcoin was worth about $20,000 in December 2020. In January, it hit $40,000. In April, it hit a new high of $65,000. This was followed by a June crash below $30,000. Around July 20, the coin surged to $45,000. With such a drastic volatility occurring, there are a few factors that contribute to it                                                            1. Cryptocurrencies are completely digital in nature: The vast majority of cryptoc